- Rate Trend – 9/29/10 To 12/29/10
The average national rate for 30 year mortgages has risen to 5.02%, according to www.bankrate.com, who conducts weekly national surveys of the top 10 markets. The average 30 year loan also carries on average, 0.44% discount and origination points.
Rates have risen steadily for several months, as demonstrated by the accompanying chart. Check out additional mortgage information and discussion in the Mortgage Corner.
